https://www.taxtmi.com/caselaws?id=367659 The period spent in litigation challenging an earlier order was treated as excludable for computing the corporate insolvency resolution process timeline, so the resolution plan placed before the adjudicating authority was held to be within time. The plan was also found to comply with Section 30(2) of the Insolvency and Bankruptcy Code, supported by the committee of creditors' approval and the resolution professional's Section 29A certification. The adjudicating authority's review was confined to statutory compliance and did not extend to granting waivers of statutory dues, taxes, stamp duty, or similar exemptions, which were left to the relevant statutory authorities. en-us Fri, 24 Aug 2018 00:00:00 +0530 Tue, 12 Feb 2019 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367659 The period spent in litigation challenging an earlier order was treated as excludable for computing the corporate insolvency resolution process timeline, so the resolution plan placed before the adjudicating authority was held to be within time. The plan was also found to comply with Section 30(2) of the Insolvency and Bankruptcy Code, supported by the committee of creditors' approval and the resolution professional's Section 29A certification. The adjudicating authority's review was confined to statutory compliance and did not extend to granting waivers of statutory dues, taxes, stamp duty, or similar exemptions, which were left to the relevant statutory authorities. Case-Laws Insolvency and Bankruptcy Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367659